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Wednesday, July 21, 2010

Daily Technical View on Nifty

Nifty is trading in the horizontal trading range from last few trading sessions. In the downside it is getting good support close to the level of 5350. Closing below this support may further create some weakness in it. Still technically it is looking strong & one may expects the up trend to continue in the market. 

For trading strategy we already recommend that one should buy nifty future at every dips until it close below 5300 for the targets of 5450, 5500.



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